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On May 15, 10:06*am, wrote:
On Fri, 15 May 2009 07:27:35 -0700 (PDT), wrote: correct, you cannot ignore the destruction of wages because you are competing with slave and sweatshop labor, on top of all of the environmental destruction. sooner or later the wage destruction will come home to roost and demand plunges. Unless you do tariffs. correct. and i think they are coming, even if the powers that be, kick and scream and get on their knees and beg forgiveness to their gods. sooner or later, its going to happen, otherwise we fail, and the nation breaks up. |
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